PDMR Shareholding

RNS Number : 3659J

Fulham Shore PLC (The)

08 September 2016

 

The Fulham Shore plc

 ("Fulham Shore" or "the Company")

Director/PDMR shareholding

The Fulham Shore plc (AIM: FUL) announces that on 08 September 2016, Jawaid Akhtar, Operations Director of Franco Manca, sold 115,646 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 22.385 pence per Ordinary Share (the "Sale").

Following the Sale, Jawaid Akhtar and persons closely associated with him are beneficially interested in 17,635,836 Ordinary Shares, representing 3.09 per cent. of the Company's issued share capital. Mr Akhtar also holds 1,000,000 options over Ordinary Shares.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jawaid Akhtar
2	Reason for the notification
a)	Position/status	Franco Manca Operations Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Fulham Shore plc
b)	LEI	n/a
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1p each in The Fulham Shore plc Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 22.385p 115,646
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	08 September 2016
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

- Ends -

For further information, please contact:

The Fulham Shore plc	www.fulhamshore.com
David Page	Tel: [phone]
Allenby Capital Limited Nick Naylor / Jeremy Porter / James Reeve	Tel: [phone]

Notes for editors

Information on The Fulham Shore PLC

Fulham Shore was incorporated in March 2012. The Directors believe that there are a number of potentially attractive investment opportunities within the restaurant and food service sectors in the UK.

The Directors believe that, given their collective experience in the restaurant and food service sectors, they can take advantage of the opportunities which exist in these sectors and create a profitable and sustainable business.

The ordinary shares of the Company were admitted to trading on AIM in October 2014 in order to capitalise on such opportunities.

Today Fulham Shore currently operates "The Real Greek" (www.therealgreek.com) and "Franco Manca" (www.francomanca.co.uk) restaurants, as well as a Bukowski Grill restaurant.

The Real Greek

Since establishing itself in 1999, The Real Greek group has grown steadily, now offering modern Greek cuisine in nine outlets across London and Windsor: Bankside (2004), Marylebone (2005), Covent Garden (2006), Westfield London (2008), Spitalfields (2008), Westfield Stratford City (2011), Windsor (2014), Soho (2015) and St. Martin's Lane (2015).

Ambassadors of Greek food and Greek hospitality in the UK, The Real Greek food centres on the delicious, healthy diet of the Eastern Mediterranean, staying true to the Greek ethos for food, family and life. Dishes are created using premium ingredients sourced from Greece and Cyprus whenever possible, and developed by Tonia Buxton, the face of Greek food in the UK.

Both The Real Greek's menu and atmosphere retains the spirit of eating in Greece, encouraging diners to take their time eating amongst friends and family, be it a relaxed dinner, family get-together, or fully catered party.

Franco Manca

Franco Manca's pizza is made from slow-rising sourdough and is baked in a wood-burning oven that produces a heat of about 500°c (930°F). The slow levitation and blast cooking process lock in the flour's natural aroma and moisture giving a soft and easily digestible crust. Where possible locally sourced and organic ingredients are used. Pizza prices range from £4.50 to £7.95.

"If you only eat in pizza this year, make sure it's Franco Manca" - Tatler

 

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